NVIDIA Can Sell AI Chip to China Again
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24/7 Wall St. on MSNU.S. Reverses Nvidia AI Export Ban as China’s DeepSeek Closes AI Gap at Fraction of U.S. CostsBack in April, the U.S. government banned Nvidia’s H20 AI exports to China. As of July 15, the government has reversed its decision. The company is now legally allowed to file for export licenses. This change comes after the crucial London meeting between Chinese and U.
Nvidia Corp. boss Jensen Huang lauded DeepSeek and China’s other contributions to AI research as he met with political and tech leaders in Beijing.
Katie Martin Here’s a company we haven’t chatted about here for a little while: Nvidia. It’s a chipmaker. It’s basically the artificial intelligence trade, and it’s now worth — wait for it — a little over $4tn. That’s trillion with a T, folks. And for reference, the entire FTSE 100 index in the UK is under $3tn. What the hell?
Once hailed as China's rising AI star, DeepSeek is now facing a period of waning momentum. However, the company's founder and CEO, Liang Wenfeng, might soon benefit from an expected restart in Nvidia's exports of H20 chips to China,
Nvidia stock hits record highs as U.S. export licenses unlock access to China’s $50B AI market. Click here to read an analysis of NVDA stock now.
Wearing his iconic leather jacket, Huang walked into the sunny courtyard of the Mandarin Oriental hotel earlier than scheduled and took multiple questions.
Nvidia CEO Jensen Huang thought highly of DeepSeek and other Chinese contributions to global AI research as he met with Wang Jian, the founder of Alibaba Cloud and director of Zhejiang Lab, in Beijing on Thursday,
Nvidia Corporation leads the global AI revolution. U.S.-China export breakthroughs boost H20 GPU sales in China, driving revenue. Click for my NVDA update.